I'd say best practice is to ask what other people are hunting and avoid it. As Loramin mentioned you're not allowed to monopolize "most" kills in an area. If there are only a few other players hunting you can easily work out what they're camping and avoid those areas. I'd recommend doing this AHEAD of time.
The upside is if all players agree then everyone is happy and they can't really complain when you take everything left unclaimed.
The downside is if everyone is hunting giants as well you might end up with an equal share of them instead of obscene money.
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